The unifying European drive to support Ukraine against Russia and punish Moscow for attacking its neighbor is at risk of losing momentum, the European Council on Foreign Relations (ECFR) warned on Wednesday. An increasing number of people want to see the conflict end, even if it means getting Kiev to …
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The Russian military offensive in Ukraine is likely to last for a long time, as well as the “decoupling” of the Russian and Western economies, Fyodor Lukyanov, a prominent expert on international relations, editor-in-chief of Russia in Global Affairs, and the research director of the Valdai International Discussion Club, said …
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The US is taking hostile steps against Russia that are worse than during the Cold War, Kremlin spokesman Dmitry Peskov has determined. However, Washington is hurting itself in the process and will ultimately have to acknowledge Moscow’s legitimate interests, he said, during an interview with Russian media on Thursday. “We …
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Russia’s EU Ambassador Vladimir Chizhov warned on Thursday that repair issues with Nord Stream’s pumping turbines could result in a complete stoppage of natural gas supplies to the bloc via the pipeline. Such a scenario would be “a disaster for Germany,” which has a high level of dependence on gas …
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Iconic Swedish furniture brand IKEA is winding down business activities in Russia, the newspaper Izvestia reported on Wednesday, citing its sources. According to the Moscow daily, the company informed its employees during a general meeting and will officially announce the decision soon. IKEA has not addressed plans for its outlets …
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Prices for natural gas in Europe surged on Wednesday after Russian energy giant Gazprom announced plans for further cuts to supply volumes via the Nord Stream pipeline. Futures on the Netherlands-based TTF trading hub climbed over $1,300 per 1,000 cubic meters, marking a surge of nearly 25%. Earlier this week, …
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Berlin has condemned Russian energy giant Gazprom’s decision to cut its gas flow through the Nord Stream pipeline over technical difficulties, with the country’s economy minister, Robert Habeck, claiming the move was politically motivated. “I have the impression that what happened yesterday is a political decision and not a decision …
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The military conflict in Ukraine today is the central flashpoint in relations between Russia and the West, and largely sets the tone for security policy in the Euro-Atlantic region. It also has many global implications. In the ideological sphere, it is increasingly presented as a struggle between the liberal world …
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Chinese President Xi Jinping told his Russian counterpart Vladimir Putin in a phone call Wednesday that Beijing will keep backing Moscow on issues of “sovereignty and security”. “China is willing to continue to offer mutual support to Russia on issues concerning our core interests such as sovereignty and security, intensify …
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Serbian President Aleksandar Vucic said on Wednesday he has agreed a favorable price for Russian natural gas imports under the terms of a new energy deal. “We agreed with Russian partners on the volumes at the lowest, very low price – from $360 to $410 per 1,000 cubic meters for …
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